Dubai's real estate market continued its impressive growth trajectory after recording AED10.67 billion ($2.9 billion) in transactions during the week of 7 to 11 September, according to data released by the Dubai Land Department. The latest figures demonstrate the resilience of the emirate's property sector, supported by robust investor demand, strong sales activity and continued interest in premium residential and commercial assets.

Sales transactions accounted for AED6.78 billion ($1.8 billion) of the total activity, with 2,931 deals completed during the reporting period. The numbers reflect continued confidence in Dubai's property market from both local and international investors seeking opportunities across residential, commercial and mixed-use developments.

Luxury Property Transactions Lead the Market

Several high-value transactions stood out during the week, highlighting the strength of Dubai's luxury real estate segment. Among the most expensive deals recorded was the sale of an office in Almas Tower, located in Jumeirah Lake Towers (JLT), which changed hands for AED36.8 million ($10 million).

Another notable transaction involved an apartment in Mr C Residences in Jumeirah Second, which sold for AED36.5 million ($9.9 million). The sale further underscores the growing appeal of branded and ultra-luxury residences among high-net-worth buyers seeking premium waterfront and lifestyle-focused developments in Dubai.

Meanwhile, an apartment within Dugatti Residences by Binghatti in Business Bay achieved a sales value of AED28 million ($7.6 million), demonstrating sustained demand for luxury properties in one of Dubai's fastest-growing urban districts.

Residential and Commercial Demand Remains Robust

The latest figures indicate that both residential and commercial property sectors are contributing significantly to Dubai's real estate momentum. Demand for premium offices remains strong as businesses continue to expand their presence in the emirate, while luxury apartments and branded residences attract investors and end-users looking for high-quality living experiences and long-term capital appreciation.

Dubai's strategic location, business-friendly environment, expanding population and ongoing infrastructure investments continue to support activity across key property segments. The city remains a preferred destination for global investors seeking stable returns and access to a dynamic real estate market.

Mortgage Activity Exceeds AED2.8bn

Beyond direct sales activity, the Dubai Land Department recorded mortgage transactions worth AED2.80 billion ($762 million) during the week. Strong mortgage volumes suggest continued financing activity across the market, with buyers and investors actively leveraging lending facilities to acquire residential and commercial assets.

Mortgage growth is often viewed as a positive indicator of market confidence, reflecting a healthy level of participation from both individual purchasers and institutional investors. The figures also highlight the maturity of Dubai's financial and real estate ecosystems, which continue to support large-scale property transactions.

Gift Transactions Reach AED1.09bn

In addition to sales and mortgages, gift transactions totalled AED1.09 billion ($297 million) during the same period. These transfers form an important component of overall market activity and contribute to the significant transaction volumes regularly recorded across Dubai's real estate sector.

The combined strength of sales, mortgage and gift transactions demonstrates the depth and liquidity of Dubai's property market, reinforcing its position as one of the most active real estate destinations globally.

Outlook for Dubai Real Estate

The latest transaction figures highlight the continued attractiveness of Dubai real estate across all market segments. Luxury residential developments, premium office spaces and branded properties continue to attract significant capital, while broader market activity remains supported by strong economic fundamentals and investor confidence.

As transaction volumes remain elevated and high-value deals continue to be recorded in sought-after locations such as Jumeirah, JLT and Business Bay, Dubai's property sector is expected to maintain its reputation as a leading global investment destination. The week's AED10.67 billion in transactions serves as another indication of the emirate's ongoing real estate momentum and enduring appeal among regional and international buyers.